CRE Capital, Inc.
925-932-2522 or fax 925-932-2924
925-932-2522 x 13 (direct)
FOR IMMEDIATE RELEASE
CRE Capital, Inc. Arranges $6,000,000 Financing for Bayside Technology Center in Fremont, CA
Walnut Creek, CA
December 27, 2006
CRE Capital today announced the closing of a $6,000,000
fixed rate financing on the Bayside Technology Center. This is a 4 building,
108,755 s.f. R&D complex located in the Bayside Technology Park in Fremont,
CA. This financing was unique as the owner received 10 year fixed rate
financing at a great rate with no pre-payment penalty during the last 5 years
of the loan. Key Commercial Mortgage is the lender and the loan was originated
out of their Kansas City office by Leo Harris. Tom Dewar of CRE Capital, Inc.
arranged the financing on behalf of the building owner.
About CRE Capital, Inc.
CRE Capital is a commercial mortgage brokerage firm founded to provide the best experience possible for owners financing their commercial properties. CRE Capital`s works to find the best financing available, close that financing in the shortest time possible, and insure the loan closes on the same terms as in the application. CRE Capital provides owners value by saving money, time and energy using the industries best tools and focusing completely on closing on time, on budget and on the best terms.
The company was an
early adaptor of the internet as a tool to solve problems borrowers often face
when hiring a broker. The broker's traditional role as intermediary often leads
to frustration as borrowers struggle to determine what is best for them. CRE
Capital removes the stress by representing borrowers and making the process
transparent. The delivery system is award winning software developed by CRE
Capital to open and to automate the financing process. The increased
efficiency allows CRE Capital to manage more lender relationships,
obtain better financing, and close faster with fewer problems.
Award Winning Software
RealComm awarded CRE Capital, Inc. the 2003 Digie Award Winner for Commercial Lending. CRE Capital received the award for the best use of the internet. Each year, Realcomm recognizes the leaders and innovators in the Commercial Real Estate industry who are maximizing the use of technology and automation in their businesses. Other 2003 award winners included Equity Office, Lincoln Property Company and Sperry Van Ness.
For More Information Contact:
925-932-2522 x 11